PRDCT Politics

odds on power

Live · refreshes automatically

Top story Nearly $1.9 billion wagered on midterms as prediction markets hit record volumes

Trading volume on Kalshi and Polymarket has scaled from a niche 2024 experiment to a multi-billion-dollar election event, drawing mainstream media and financial scrutiny.

full coverage →prediction-marketskalshipolymarket
Prediction markets face their first real midterm accuracy test as election bets soar

With Election Day live, forecasters and academics are watching whether market prices beat polls on House and Senate control after a string of high-profile misses.

full coverage →prediction-marketselectionsforecasting
Traders price Democrats as heavy favorites to sweep House and Senate

Kalshi and Polymarket contracts have moved sharply toward Democrats in the final days of the campaign, with Senate odds jumping on Election Day.

full coverage →prediction-marketsmidtermsdemocrats
Election trading stagnates on prediction markets compared with 2024 boom

Bloomberg and others report that despite record dollar totals, election-specific activity is growing slower than sports and crypto contracts on the same platforms.

full coverage →prediction-marketskalshipolymarket
Wisconsin judge denies injunction, leaving ban on betting then voting in place

A court declined to block Wisconsin's rule forcing election traders to choose between voting and holding prediction market positions, and state officials warn violators face felony exposure.

full coverage →regulationwisconsinprediction-markets
Senators press Kalshi and Polymarket to prove election odds are not tainted

Lawmakers want the platforms to show how they detect manipulation and insider trading in election contracts ahead of the vote.

full coverage →regulationcongresskalshi
Sporttrade wins CFTC approval to enter prediction market industry

The sports betting exchange becomes the latest regulated entrant in federally overseen event contracts, adding competition to Kalshi and Polymarket.

full coverage →cftcregulationsporttrade
Prediction markets may face bipartisan reckoning in Washington after midterms

Industry observers expect Congress and regulators to revisit event contracts once the election is over, with platforms dependent on political goodwill they cannot fully control.

full coverage →regulationcongressprediction-markets
Texas Senate: prediction markets show Talarico well ahead of Paxton despite tight polls

Market prices put the Democratic candidate around 72%, a gap with traditional polling that has become a test case for election contracts.

full coverage →texassenateprediction-markets
Maine election prediction markets draw insider trading and influence concerns

Local reporting says millions traded on Maine races, raising questions about people with non-public information taking positions.

full coverage →insider-tradingmaineprediction-markets
Kansas Senate odds flip to Democrat, a first in 94 years on market pricing

Oddschecker reports Adam Hamilton taking the lead in Kansas, while a prominent model gives Democrats 90% odds of Senate control as the state trends blue.

full coverage →kansassenateprediction-markets
Michigan Senate: El-Sayed's odds hit record 80% on Kalshi

The Kalshi news feed shows the Democratic candidate's contract climbing to a new high heading into Election Day.

full coverage →michigansenatekalshi
Prediction markets move beyond binary contracts into new tools for money managers

Pensions & Investments reports asset managers are exploring multi-outcome event contracts as hedging and research instruments.

full coverage →institutionalprediction-marketsfinance
The daily briefTop stories, once a day. Or build your own feed.